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House Approves Permanent Estate-Tax Repeal

WASHINGTON -- The House approved legislation to permanently repeal the estate tax as Republicans and Democrats in the Senate intensified work on a compromise that could clear that chamber.

Forty-two Democrats joined 230 Republicans in approving the legislation by a wide margin. The estate tax currently is set to disappear in 2010 but return in 2011. The House has approved identical legislation before, but Senate Republicans have been unable to find the 60 votes they need to avoid a Democratic filibuster. "Now the ball...